CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE vacating the alley in Block 20, Heirs of Sarah A. Bell's Second Addition, bounded by 7th Avenue, Blanchard Street, 8th Avenue, and Lenora Street, in South Lake Union; and accepting a Property Use and Development Agreement, on the petition of Acorn Development LLC (Clerk File 312262).
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WHEREAS, Clise Properties, Inc., on behalf of Acorn Development LLC, filed a petition under Clerk File 312262 to vacate the alley bounded by 7th Avenue, Blanchard Street, 8th Avenue, and Lenora Street; and
WHEREAS, Acorn Development LLC ("Petitioner") is the successor in interest and the current Petitioner; and
WHEREAS, following a September 25, 2012, public hearing on the petition, the Seattle City Council ("City Council") conditionally granted the petition on November 5, 2012; and
WHEREAS, a Property Use and Development Agreement recorded on December 10, 2020, with the King County Recorder's Office under Recording No. 20201210002757 commits the Petitioner and their successors to fulfill ongoing public-benefit obligations required as part of the vacation; and
WHEREAS, as provided for in Revised Code of Washington (RCW) 35.79.030 and Seattle Municipal Code Chapter 15.62, the Petitioner has paid the City a vacation fee of $5,188,000 on January 8, 2015, which is the full appraised value of the property; and
WHEREAS, the Petitioner has met all conditions imposed by the City Council in connection with the vacation petition; and
WHEREAS, vacating the alley in Block 20, Heirs of Sarah A. Bell's Second Addition, is in the public interest; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. The alley in Block 20, Heirs of Sarah A. Bell's Second Addition, described below, is vacated:
The alley in Block 20, Heirs of Sarah A. Bell's Second Addition, recorded in Volume 1 of Plats, page 121, Records of King County, Washington, being the block bounded by 7th Avenue, ...
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